Original Question: After leaving a message and sending an email with no response by AMD's sterling IR dept in an attempt to find out if AMD had written off any inventory the past three years (amount and timeframe), I thought I would see if the MB could help. In reviewing ratios everything looks good but turns for '01 and '02 look too high giving way to the thought they wrote-off inventory. Thoughts???
Also, does anyone know of any difference between the way AMD reports invenstments versus Intel.
Answer: Yha, AMD does it honestly, using GAAP( Genraly Accepted Accounting Principles).
intel goes with Pro Forma, good will, etc. It's called "Cooking the books".
Response: Can someone give me more detail and better accounting rationale??